A limited supply of commercial real estate inventory, coupled with the still plentiful availability of SBA financing at near record low rates, is creating a window of opportunity for small businesses to invest in their space.

Construction of the new 229,410-square-foot Interstate Business Park in the Temecula Valley has been completed. The four-building, multitenant showroom/industrial development is centrally located in Wildomar, south of the intersection of Inland Valley Drive and Prielipp Road, adjacent to the Inland Valley Regional Medical Center. The 13.4-net-acre business park features 800 feet of freeway frontage along Interstate-15 with convenient access at the Clinton Keith Road off-ramp.

Construction of the new, $20 million Westview Plaza will soon be under way in Scripps Ranch. The three-story, 93,368-square-foot, Class A office building is located on a 5.33-acre site at 10620 Treena St. Groundbreaking will take place third-quarter 2007 with completion slated for summer 2008. Clem Abrams is the project developer.

With construction nearing completion on the final phase of the $54 million Marketplace at Liberty Station, developer C.W. Clark Inc., has inked lease deals for more than 65 percent of the 160,000 square feet of retail and commercial space at the Point Loma mixed-use center.

Scripps Ranch is about to make its mark as a preferred corporate headquarters/research and development and office location for companies who want central proximity and more affordable rental rates without sacrificing quality or flexibility.

When Philadelphia Media Holdings LLC acquired the Philadelphia Inquirer last year, borrowing $375 million for the purchase, the company began looking at ways to pay off its debt. One option: Sell the landmark 18-story building on North Broad Street that has been home to the newspaper since 1924.

As the housing market weakens, real estate investors' attention will increasingly turn to other real estate assets. Given the strong contribution of life science and health care companies to San Diego's economy, it's worth considering how medical office and life science research and development properties are distinct from other real estate assets generally and office properties in particular, and how they share similar requirements.

When the public sees the opening of a lavish hotel or a beautiful shopping center or a trendy mixed-use project, they might think of the architect and what a creative mind it took to produce such a sight.

Commercial Realty Advisers recently established a tenant advisory group called Tenant Advisers to provide non-conflicted advice and to negotiate exclusively on behalf of tenants on the "tenant side" of transactions.

Buying, selling, leasing or developing a piece of commercial real estate involves many complex legal issues. From lengthy sale and purchase agreements to zoning and land use, the business of commercial real estate is fraught with various issues to consider.

Commercial leases are lengthy legal documents usually prepared by the party that has the most leverage in the transaction. Typically that party is the landlord, though tenants occupying substantial space sometimes dictate the terms of their lease.

San Diego Commercial Space

Profiles

Aside from salaries, a company's second largest expense is typically real estate. When a client is looking to lease, renew a lease, purchase or sell space, the role and knowledge held by a commercial broker such as Stephen Rosetta becomes extremely significant.

National News

When Philadelphia Media Holdings LLC acquired the Philadelphia Inquirer last year, borrowing $375 million for the purchase, the company began looking at ways to pay off its debt. One option: Sell the landmark 18-story building on North Broad Street that has been home to the newspaper since 1924.

Buy. Sell. Lease. Renovate. Find out the latest in San Diego commercial real estate in this annual edition. Highlights include a roundtable discussion, a CEO profile and industry news on what's currently on and off the market.

This annual report highlights the hot spots for commercial space around the county, exploring what's available on the market and what markets are topped out. We'll also provide expert insight on how to improve commercial space for tenants and discuss commercial space trends.

This special report highlights the hot commercial real estate spots around the county. We'll also offer insight on things to consider when searching for commercial space and when improving your space to appeal to new tenants.